Connie, Most homeowners policies have a $2,500.00 limit for boat coverage. Any sailboat under 26' is provided full liability coverage by your homeowners policy. If your boat is worth much more than $2,500.00 you might reconsider getting a policy on your boat.
Jerry Williams M 15 ----- Original Message ----- From: "Irv Kooris" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Wednesday, July 31, 2002 5:12 PM Subject: RE: M_Boats: Surveying M17 > Thanks Connie. > Irv > > -----Original Message----- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED]]On Behalf Of Conbert > H Benneck > Sent: Wednesday, July 31, 2002 12:09 PM > To: [EMAIL PROTECTED] > Subject: Re: M_Boats: Surveying M17 > > > Hi Irv > > For another view on the survey question, here are my two bits > worth....... > > If you need a survey for insurance purposes, then you have to get one: > no survey; no insurance > > But then the question arises, why insurance? Without researching my Home > Owner's Police, plus my Extended Policy, I think that I am totally > covered for small craft like a Montgomery 15 or 17, and I certainly am > not carrying a Marine Insurance Police on a 15 foot boat that weights > 1000 lbs! How much damage could it do to anything else? > A scratch, maybe, and the cost of removing it would be far less than the > yearly premium for a policy. > > When I sold my Tripp-Lentsch, the buyers had a survey made, and the > surveyer, just confirmed all that I had told them, but they needed it for > the Marine Insurance policy. > > I had a survey done on a Northeast 38 sailboat that I bought in Hamburg, > Germany in 1985. Totally wasted money! > > I got a nice report telling me the boats layout; the number of sails;(but > not their condition); that it had an engine - I knew that (but he didn't > tell me that it just had had a major overhaul - the sellers told me > that); how many drawers were in the main cabin, and on and on - with > photos of the deck, and interior. > > When I sailed the boat in Denmark for 5 weeks and then brought it back to > Hamburg to get small items fixed prior to sailing it back to the States, > the man doing an Algrip paint job called me to tell me that the hull had > a severe case of gell coat blistering underwater. > > My "good" surveyor, who said in his report how good it was that he could > examine the boat out of water, totally failed to make any comments about > hull condition or blistering > > Now, I knew what the boat was all about - it's layout; and had a list of > equipment from the sellers; that's why I wanted to buy it. Blistering > in the gell coat sure would have changed my mind about buying it. > > I checked if I could sue the surveyer for a lousy job, but he had a > paragraph in his contract that in effect said ' anything found after the > survey is conducted is not the responsibility of the surveyor...." > .....and there I was. > > So, his survey was a total waste of money, though I did get some pretty > pictures. > > ~~~~~~~~~ > > I bought my M15 sight unseen from an owner in Sauselito, CA, with boat at > Panama City, Florida. > No regrets: got a great boat! > > > Connie > > _______________________________________________ > http://mailman.xmission.com/cgi-bin/mailman/listinfo/montgomery_boats > > _______________________________________________ > http://mailman.xmission.com/cgi-bin/mailman/listinfo/montgomery_boats _______________________________________________ http://mailman.xmission.com/cgi-bin/mailman/listinfo/montgomery_boats
